Netstreit IPO Presentation Deck

Acquisition Case Study: IG Rated Walmart Supercenter and Sam's Club - Tupelo, MS Acquisition Completed: July 2020 Walmart Walmart Sam's CLUB Recession Proof Tenant with Long Lease Term Acquisition of one Walmart Supercenter and one Sam's Club by partnering with and concurrently closing with a shopping center acquirer who purchased the remainder of the center . Both brands owned by Walmart Inc. (NYSE: WMT) . Blue-chip investment grade tenant • Proven history of performing through economic downturns Increases NETSTREIT's defensive retail exposure 12 years of new lease terms NETSTREIT $17.0M Purchase Price 6.6% Acquisition Cap Rate 12 Years New Lease Terms $366.5B Market Capitalization $49.0B Debt on Balance Sheet² Scure SNL Financial, Company data Marka dots as of 71312020 1. WMT's 2020 fiacalar presore the twelve months onded 1/31/2020 2. Reffects long-term debt outstanding at 430/2020 2 Properties $519.9B Tenant Sales (2020) 0.0% Avg. Annual Rent Increases AA/Aa2 S&P/Moody's Credit Rating Essential Designation During COVID-19 23

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